Quaker Chemical: Q2 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Quaker Chemical Corp. (KWR) on Tuesday reported second-quarter profit of $29.3 million.
The Conshohocken, Pennsylvania-based company said it had net income of $1.63 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.93 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.
The specialty chemical company posted revenue of $495.4 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $501.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KWR at https://www.zacks.com/ap/KWR
